Archive for July, 2009

• Life (and trading) is unfair
  abnormalreturns, July 31st, 2009 at 1:49 pm, Comments: 0

  The debate over high frequency trading (HFT) has reached the boiling point this week.  With the Congress and the SEC now looking into the practice [...]

• Friday links: hot coffee
  abnormalreturns, July 31st, 2009 at 11:46 am, Comments: 0

  Until further notice, this is a cyclical (not secular) bull market.  (Big Picture also The Pragmatic Capitalist) What the Dow’s 10% move above its 200 [...]

• Thursday links: competition and liquidity
  abnormalreturns, July 30th, 2009 at 11:55 am, Comments: 0

  Competition will bring down the profitability of high frequency trading.  (Falkenblog also Dealscape, The Stash) “Is it possible that HFT is entirely benign and just [...]

• Public private profits
  abnormalreturns, July 30th, 2009 at 9:00 am, Comments: 0

  There has been a great deal of discussion about the BlackRock Legacy Securities Public-Private Trust which is slated to trade as a closed-end fund on [...]

• Wednesday links: low quality liquidity
  abnormalreturns, July 29th, 2009 at 10:54 am, Comments: 0

  “In less than 9 months, the Nasdaq has gone from being 40% below its 200-day EMA to being 10% above its 200-day EMA. Talk about [...]

• Tuesday links: an uneven playing field
  abnormalreturns, July 28th, 2009 at 11:52 am, Comments: 0

  “There’s not an even playing field out there. Learn to live within it or don’t trade/invest, unfortunately it’s that simple.”  (Daily Options Report) “Markets have [...]

• Monday links: bullish bandwagon
  abnormalreturns, July 27th, 2009 at 11:53 am, Comments: 0

  “Consistently profitable trading should be boring.”  (Tickerville) “(I)t’s not different this time, next time or any time. It never is and never can be.”  (The [...]

• Sunday links: errors happen
  abnormalreturns, July 26th, 2009 at 4:06 pm, Comments: 0

  Summarizing the blog debate over high frequency trading.  (NYTimes) European stocks are cheap relative to the US.  (Barron’s) Looking for new leadership to lead this [...]

• Friday links: Peak Finance
  abnormalreturns, July 24th, 2009 at 11:34 am, Comments: 0

  A Dow Theory buy signal.  (Investment Postcards) Post-rally where do we stand compared to previous bear markets?  (dshort) A closer look at the S&P 500/gold [...]

• Closing the loop
  abnormalreturns, July 24th, 2009 at 9:50 am, Comments: 0

  Investment newsletters have just about been around as long as there has been a stock market.  Although it is hard to believe, pre-Internet they were [...]